A Highly Interactive Training Course On

Bank Reconciliation and Petty Cash Management

Reconciling the Bank and Managing Cash to Ensure Liquidity and Profitability

Classroom Sessions
14-18 Apr 2025
London
$5,950
14-18 Jul 2025
Paris
$5,950
17-21 Nov 2025
Dubai
$5,950
Online Sessions
02-06 Jun 2025
Online
$3,950
13-17 Oct 2025
Online
$3,950

Course Introduction

"Turnover (Sales) is vanity, Profit is sanity, but Cash is reality! Cash is King!"

In the realm of business, nothing underscores the importance of sound financial management quite like the saying above. While sales and profits are key metrics for success, it's the cash flow that ultimately dictates the financial health and sustainability of a company. Poor cash management practices can lead to increased costs, bad debts, fraudulent activities, and risky investments, all of which can significantly impact a company's bottom line and overall success.

Effective cash management entails more than just keeping track of incoming and outgoing cash flows. It involves optimizing cash and bank balances to maintain liquidity, making informed and profitable investment decisions, and efficiently handling international payments. By mastering these aspects, businesses can reduce costs, increase profitability, and mitigate financial risks.

This Bank Reconciliation and Petty Cash Management training course is designed to equip delegates with the essential skills and strategies needed to navigate the complexities of cash management. From effectively reconciling bank balances to managing various cash and banking issues, participants will gain invaluable insights and practical knowledge to enhance financial performance and ensure long-term success.

Training Objectives

By attending this COPEX training course delegates will be able to make a substantial, positive impact on Bank Reconciliation and Cash Management best practices within their organization, more specifically:

  • Prepare and Use Bank Reconciliation Statements
  • Prepare Cash Statements and Forecast Cash Flow Forecasts / Budgets
  • Manage the Bank & Cash Balances Effectively
  • Recommend Appropriate Action in Line with Leading Practice
  • Implement Controls to Reduce Risk and Fraud

Who should Attend?

This COPEX training course is suitable for a wide range of professionals who are involved in any aspect of Bank Reconciliation & Cash Management and who want to understand, implement and improve the latest Cash Management concepts, processes and ideas. For example:

  • Those Preparing and Controlling Bank Reconciliation
  • Staff Preparing and Controlling Cash Statements or Budgets
  • Staff Managing Payments
  • Staff Engaged in the Budget Process
  • Those Who Prepare or Act Upon Budgets

Course Outline

Day One: Bank Reconciliation
  • What is a Bank Reconciliation Statement?
  • The Importance of Bank Reconciliation
  • Undertaking a Bank Reconciliation
  • Report & Correcting Differences
  • Avoiding Future Differences
  • Controlling Bank Records & Balances
Day Two: Cash Flow – Past & Future
  • The Importance of Cash & Liquidity – Cash is King
  • Cash Flow Statements – Evaluating the PAST Cash Flow
  • Cash Forecast & Budgets – Forecasting and evaluating the FUTURE Cash Flow
  • Variance Analysis
  • The Cash Flow Cycle & Operational Efficiency
  • Working Capital – The ideal ratio
Day Three: Cash Management
  • An Overview of Cash Management
  • The Optimal Cash Balance
  • Sources of Short Term Finance
  • Short Term Investment Opportunities
  • Minimising Interest Cost & Maximizing Interest Earned
  • Minimising Bank & Cash Balances
Day Four: Petty Cash Management
  • What is Petty Cash?
  • Forecasting Cash Needs
  • Minimising Cash Holding
  • Recording Cash Transactions
  • Balancing the Cash Balance
  • Dealing with Foreign Currencies & Exchange Rate Risk
Day Five: Advanced Bank & Cash Management
  • Managing Accounts Receivable & Payable
  • Methods of Raising Short-term & Long-term finance
  • Minimising the Cost of Finance
  • Bank Finance
  • Factoring & Invoice Discounting
  • Derivatives

Certificates

  • COPEX Certificate of Attendance will be provided to delegates who attend and complete the course
Whats Makes Copex Courses Unique?

COPEX Training is your gateway to professional growth, with over 20 years of experience turning potential into success. Each year, we deliver over 1,000 courses in 50+ countries, earning a stellar 98% satisfaction rate. Trusted by global giants like BP, the United Nations, and HSBC, we partner with top certification bodies to provide career-focused training that empowers individuals and drives organizational breakthroughs. Our mission? To transform the way professionals learn and grow in today’s fast-changing industries. Through expert insights, cutting-edge methods, and hands-on approaches, we equip you with the skills and confidence to tackle challenges, seize opportunities, and thrive in your career.

Led by a passionate leadership team and supported by a network of world-class trainers, COPEX Training connects professionals worldwide with life-changing opportunities. We are committed to excellence, ensuring every participant leaves with the tools, expertise, and confidence to conquer an ever-evolving world.

Frequently Asked Questions

This FAQ section provides quick answers to the most common questions about our services, procedures, and policies. We aim to make your experience with us as straightforward as possible. For further assistance, our support team is ready to help.

What is COPEX?

COPEX stands for “Competency Enhancement Programs” These courses are designed to develop and enhance the skills and knowledge of professionals across various sectors.

What are the benefits of attending COPEX training courses?

Enhanced Skills: Develop in-demand skills and knowledge in your chosen field.
Career Advancement: Improve your career prospects and increase your earning potential.
Increased Confidence: Gain confidence in your abilities and enhance your professional presence.
Networking Opportunities: Connect with other professionals and industry experts.
Improved Job Performance: Enhance your productivity, efficiency, and job satisfaction.
Personal Growth: Develop valuable personal and professional skills that can benefit you in all areas of life.

What makes COPEX training courses unique?

Experienced Instructors: Courses are delivered by highly qualified and experienced instructors with industry expertise.
Interactive Learning: Engaging and interactive learning methods, including workshops, simulations, case studies, and group discussions.
Practical Application: Focus on practical skills and real-world applications, enabling you to apply your learning immediately.
Flexible Learning Options: A variety of course formats available, including classroom training, online courses, and blended learning.
Certification & Recognition: Upon successful completion, you may receive industry-recognized certifications.

What is the cost of COPEX training courses?

The cost of COPEX training courses varies depending on the course duration, content, and delivery method.

How can I register?

There are several ways to register in our public training courses:
Online – Browse the Training Plan, select the course of choice, click on the button
“Register Now” inside the course outline page.
E-mail – Send the details (name, company name, email address and training course of
choice) of your nomination to [email protected]
Telephone – +971 4 368 6886 or +971 50 106 2750

When will I receive the confirmation for my registration/s?

Upon successful registration, processing window will take not more than 24 hours from the time of registration. An email including the registration confirmation, invoice and joining instructions will be sent to the provided email address.

What is included in the training fee?

Published training course fees are inclusive of the training venue, training manual, writing materials, lunch and coffee breaks with refreshments over the entire duration of the training course.

What are the available payment methods?

The training course fee can be settled by either:

  • Bank transfer
  • Credit Card

How many hours per day, and what are the timings of your training courses?

Our training courses will run for 5 hours per day. The standard daily timing is from 8:30 am – 3:30 pm including the coffee/tea breaks and lunch.

Where do you usually hold your training courses?

Our training courses courses are being held at five-star hotels in prime and iconic destinations across the globe. Cities such as Amsterdam, Barcelona, Dubai, Geneva, Istanbul, Kuala Lumpur, London, Houston, New York, Paris, Vienna, Zurich, etc.

Do you provide hotel booking assistance to your delegates?

Once officially registered, we can assist by providing the corporate rates provided by the hotel where the training course will be conducted. Early confirmation will enable us to secure the room at reduced rates

In case of failure to attend, what is your cancellation policy?

Our cancellation policy varies depending on the circumstances presented. Generally, cancellations must be initiated in formal writing at least 14 days prior to the commencement date of the training course. Further, the option to shift an existing registration to another training course on a later date is possible. Otherwise, a full refund will be initiated.

What will I receive after the training course?

Delegates who will attend and successfully complete the training course will earn a COPEX Certificate of Completion. This certification is designed to validate the successful knowledge transfer, and that the desired learning objectives and outcomes to further advance your professional competency are achieved.

We can customize this
training course for you!

At Copex Training, we offer customizable courses designed to fit your specific needs. whether it's refining procurement practices or enhancing leadership and management skills, we tailor our programs to meet your unique goals and challenges. Let us create a training solution that delivers real results for your team.
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